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1140 Lake Pointe Drive

1140 Lake Pointe Drive, Watkinsville, GA 30677
Property in Oconee
Sold May 04, 2017
$567,500
$265,000 by Movement Mortgage
Mortgage Due Jan 01, 2050
Sold May 31, 2016
$415,000
$373,500 by Primary Residential Mortgage
Mortgage Due Jun 01, 2046
1140 Lake Pointe Drive in Watkinsville, GA was first built in 1999 and is 25 years old. Although, the building on the property was most recently renovated and altered in 2011. This has been categorized as a residential property type. It is a single story home. 1140 Lake Pointe Drive has 3,364 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 27,963 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 591 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1140 Lake Pointe Drive sold most recently in May 4, 2017 for a total of $567,500. If you work out the math, that's approximately a cost of $168.70 per sqft. Before that, the property was also sold for $415,000 in May 31, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,779 in taxes each year. 1140 Lake Pointe Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $310,004. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $275,004. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Concrete
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 2,683
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 591
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,963
  • Total Building Area: 3,364
  • Building Area: 3,364
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS AT JENNINGS MILL
  • Land Acres: 0.642
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1513/502 1383/686 1336/282 1336/267 1088/11 4

Ownership

  • Current Owner : NOLAN LISA K
  • Previous Owner : MADISON WILLIAM K
  • Owner Before Previous Owner: HO KUNGCHI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oconee County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 030104

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 9908
  • Parcel: C-01N-010-N
  • Lot: N
  • Municipality: UNINCORPORATED
  • Latitude: 33.9188
  • Longitude: -83.4701

    Address

  • Full Address: 1140 Lake Pointe Dr
  • Address - House Number: 1140
  • Address - Street Name: Lake Pointe
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Watkinsville
  • Carrier Code: R312
  • 4-Digit Zip Code: 7790
  • Zip Code: 30677

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,779
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 971,513
  • High Value: 1,122,881
  • Low Value: 820,146

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 13, 2019
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $775,011
  • Market Land Value: $87,500
  • Market Improvement Value: $687,511

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,004
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $275,004

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2017
  • Current Sale Recording Date: May 04, 2017
  • Current Sale Transaction ID: 1812068890
  • Current Sale Price: $567,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-000703
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Contract Date: May 31, 2016
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Jun 20, 2016
  • Previous Mortgage Loan Amount: $373,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Oconee



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Frequently Asked Questions

What neighborhood is 1140 Lake Pointe Drive located in?
The 1140 Lake Pointe Drive is a located in the neighborhood of Oconee in Oconee, Watkinsville.
What is the average sales price for listings in 1140 Lake Pointe Drive?
The average sales price for units in 1140 Lake Pointe Drive is $0 currently.

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